The head of media firm Dow Jones, owner of the Wall Street Journal (WSJ), is to leave following its acquisition by Rupert Murdoch's News Corporation.

Richard Zannino will step down within weeks with the WSJ reporting that Les Hinton, head of Mr Murdoch's UK arm, News International, will succeed him.

Robert Thomson, editor of The Times, will become WSJ publisher, it added.

The BBC's Torin Douglas said a further reshuffle will see James Murdoch step down as chief executive of BSkyB.

Management moves

Mr Douglas said he understood that Mr Murdoch would become chairman of the satellite broadcaster, controlled by News Corp, as well as taking up a senior position heading News Corp's European and Asian businesses.

He added that BSkyB finance director Jeremy Darroch was expected to succeed Mr Murdoch at the helm of the company.